Monthly Archive: June 2025

Ukraine’s once pioneering agriculture drone industry is hoping to return to the skies

2025-06-04

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2025-06-04

The large size of its farms and a regulatory Wild West allowed Ukraine to quickly grow into an agriculture drone powerhouse. Restrictions due to the war have killed off growth in an industry that is hoping for a renaissance once the fighting is over. In 2024, DroneUA, Ukraine’s largest importer and distributor of drones used …

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Frédéric Bastiat: Who will Feed Paris?

2025-06-03

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2025-06-03

Frederic Bastiat understood better than most how free markets and market prices actually promote social harmony. And unlike most, he understood why Paris, which had little agricultural land, had plenty of food for its inhabitants.

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The Failure to Stop Thomas Paine

2025-06-03

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2025-06-03

Tom Paine is one of the forgotten names of the American Revolution, but it can be argued that no other man was as important in galvanizing the thoughts of American colonials toward independence.

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UBS economists more confident about Swiss economy in 2025

2025-06-03

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2025-06-03

UBS economists have revised upwards their estimates of Swiss gross domestic product (GDP) growth for the current year. However, they are more pessimistic for next year, due to the spectre of US tariffs. +Get the most important news from Switzerland in your inbox Experts are expecting GDP growth adjusted for sporting events to reach 1.3% …

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Tuesday: US Dollar Stabilizes but Hardly Turns Around

2025-06-03

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2025-06-03

Overview: The US dollar is firmer against all the G10 currencies, but its gains have been muted, and "consolidation" better characterizes the price action. What were seen as dovish central bank minutes has dragged the Australian dollar down the most among the major currencies, and it is off a little more than 0.5%. The Canadian …

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How Long $2 Million in Retirement Savings Lasts in Every U.S. State

2025-06-03

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2025-06-03

For many Americans, accumulating $2 million in retirement savings is a significant milestone. However, the longevity of these savings can vary greatly depending on the state in which you choose to retire. Factors such as cost of living, taxes, healthcare expenses, and lifestyle choices all play a role in determining how far your retirement funds …

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Sell In May And Go Away?

2025-06-03

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2025-06-03

An old Wall Street adage advises investors to sell in May and go away. Given that we have just turned the calendar to June, it's worth assessing whether selling stocks and holding cash for the next seven months makes sense. The graph and data below are based on two trading strategies, both starting in January … Continue reading »

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Elon Musk condemns the Trump/GOP pork-filled mega spending bill

2025-06-03

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2025-06-03

" Shame on those who voted for it: you know you did wrong. You know it."

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Trump is building an unprecedented spy machine to track Americans

2025-06-03

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2025-06-03

Trump is partnering with CIA-funded surveillance operation Palantir to build a database on all Americans.

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India Foreign Exchange Controls Leads to Loss of Freedom

2025-06-03

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2025-06-03

The central government intervention suspending each foreign currency exchange license in the country is an example leading to a loss of freedom for each NGO operating in the country.

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Trump Is Building a Bigger Deep State with the Help of “Libertarian” Peter Thiel

2025-06-03

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2025-06-03

JD Vance is Palantir’s man and every call for “Vance 2028” is likely music to the ears of the deep state and its Big Tech allies.

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Seattle’s Other Monorail: Some Lessons for California

2025-06-02

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2025-06-02

While this page has covered rail boondoggles in California and elsewhere, we also look at Seattle, which looked at building a monorail system, but then later wisely back off, saving the city‘s taxpayers hundreds of millions of dollars of future taxes.

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1995: When I Testified Before the Train Wreck Known as Congress

2025-06-02

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2025-06-02

Elon Musk has found out the hard way that one can ferret out hundreds of billions of dollars that Congress wastes, but fail in getting its members to stop wasteful spending. Jim Bovard learned that hard lesson 30 years ago.

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What Is the Optimal Growth Rate for the Money Supply?

2025-06-02

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2025-06-02

The mainstream economic belief is that a growing economy needs a growing money supply to ensure “price stability.” Austrian economists, however, believe that there is no “optimum” money supply, which means government should not engage in monetary expansion.

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Markets Rattled to Start the New Month Amid Heightened Trade Tensions

2025-06-02

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2025-06-02

Overview: The breakdown in the US-China trade agreement, the doubling of US steel and aluminum tariffs, and Ukraine's daring drone attack have rattled market, sending stock, bonds, and the dollar lower. All the G10 currencies are up by at least 0.35%, with the Scandis leading the way up by more than 1%. Although the Canadian …

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What the World Needs Now from Pope Leo XIV

2025-06-02

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2025-06-02

The pope must defend the family from the state‘s attacks while promoting peace and asserting independence from state power.

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Bond Market Paradigm Shift?

2025-06-02

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2025-06-02

Some bearish bond investors in Japan and the US appear to believe that a paradigm shift is underway in the sovereign bond markets. To wit, consider the following statement from Jim Bianco on Thoughtful Money:  “If these deficits are really going to kick in and cause problems, these rates are going to go much higher than … Continue...

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Buying Stocks Is Always Hard

2025-06-02

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2025-06-02

Buying stocks is always hard. Particularly during corrections. Or, near market peaks. Or, when stocks are falling. And when they are rising. Oh, buying stocks is also tricky when valuations are high. And when they are low. You get the point. There is never the right time when it comes to buying stocks. I recently … Continue reading »

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Swiss economy grows slightly faster in the first quarter

2025-06-02

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2025-06-02

The Swiss economy grew slightly more strongly than initially expected in the first quarter of 2025. Real gross domestic product (GDP) increased by 0.8% on an adjusted basis in the period from January to March 2025 compared to the previous quarter, as announced by the State Secretariat for Economic Affairs (Seco) on Monday. A fortnight …

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The History of Freedom in Christianity

2025-06-02

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2025-06-02

“The only influence capable of resisting the feudal hierarchy was the ecclesiastical hierarchy; and they came into collision, when the process of feudalism threatened the independence of the Church...”

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